Minimum total lending drawn for New Loan is $300,000

Minimum total lending drawn for New Loan is $300,000

To be eligible for the 50% off offer you must apply for a Virgin Australia Velocity Flyer Credit Card by with your Reward Me Home Loan via the Virgin Money Home Loan Team.

Assumes you qualify for our limited time double settlement Points offer, your borrowings split across two accounts for the period and maintain a minimum combined net balance across of all accounts of at least $50,000.

Package deferral period. From , Virgin Money’s Banking Relief Package gives eligible customers the option of deferring your retail loan repayments for a three month period. If you’re not in a position to start making your regular loan repayments after your initial repayment deferral period has expired, you may be able to apply for an extension. A Virgin Money team member will discuss this option with you when we check-in towards the end of your current repayment deferral period. Alternatively, if you would like to discuss your options sooner, you can contact our dedicated team on 1800 701 997. The extension of your Banking Relief Package is not automatic or guaranteed. If you choose to apply for an extension beyond your initial repayment deferral period, Virgin Money will complete a financial assessment and will notify you whether or not your application is approved.

The offer is not available if the Old Loan is written off, in collections or in breach of the agreement at the time of discharge

Special limited time $2,000 cashback offer strictly available to customers who hold a Virgin Money Reward Me Home Loan, sell their property and pay out the loan (Old Loan) and apply for another Virgin Money Reward Me Home Loan (New Loan) within 6 months of the pay out of the Old Loan.

Terms and conditions apply. Standard credit assessment criteria applies. Offer can be amended and/or removed at any time at the discretion of Virgin Money Australia without prior notice.

The New Loan application must be received between (inclusive), and must settle by . The New Loan application can occur before, at the same time, or after the customer pays out their Old Loan and must not be a direct refinance or restructure of the Old Loan or any other Virgin Money Reward Me Home Loans.

Limited to one $2,000 payment only to the primary borrower. A Reward Me Home Loan Companion Account is required to be opened alongside a Virgin Money Reward Me Home Loan. The cashback will be credited to the Reward Me Home Loan Companion Account within 60 days of settlement. Customers should seek their own tax advice in relation to the receipt of a cashback on settlement.

* Comparison rate: Comparison rate calculated on a loan amount of $150,000 for a term of 25 years. For fixed rates, the comparison rate is also based on an LVR of % – 80%. These rates are for secured lending only. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates and fees are subject to change without notice. Comparison rate for variable Interest Only loans are based on an initial 5 year Interest Only period. Comparison rates for fixed interest only loans are based on an initial Interest Only period equal in length to the fixed period. During an interest only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

BOQ does not and will not guarantee or otherwise support Citibank’s obligations under the contracts or agreements connected with the Credit Cards and Citibank will not guarantee or otherwise support BOQ’s obligations under the home loans.

The Virgin Australia Gift Voucher benefit is available to Primary Cardholders only and provides one Virgin Australia Gift Voucher to the value of $129 (AUD) each year. Gift Voucher is not redeemable for cash and is not reloadable. See Virgin Australia Gift Voucher Benefit Terms & Conditions and Terms of Use for full details.

The quoted redemption fares are correct as at and are subject to change. Fares are subject to availability, and seats are limited and may not be available at peak times or on all flights. Price is based on a one way or return economy Reward Seat fare or business Reward Seat fare as specified, and must be booked on the Velocity website. Taxes, fees and carrier charges are payable in addition to Velocity Points redeemed and are not eligible for Points earn. Price may vary until ticketed. All payments made on the internet or on the phone via debit/credit card are subject to a payment surcharge between 0.6% to 1.3% of the total value of the card transaction (capped at $40 for domestic and $70 for international, per passenger per booking). For Rewards Seat bookings on: (i) Virgin Australia operated flights; (ii) Delta Air Lines operated and marketed flights between Sydney and Los Angeles; or, (iii) Etihad Airways operated flights, a carrier charge will apply, view more information here. Add $40 or 5,200 Points for domestic and international short haul bookings or $70 or 8,800 Points for international long haul booking per person for bookings made on the phone. A checked baggage allowance is included in your fare, view Reward Seat Baggage Allowances for details. Name changes are not permitted. Other changes, refunds and cancellation are permitted prior to travel and may incur a fee and any applicable fare difference. You may also be entitled to a refund under the Australian Consumer Law in certain circumstances. View the Velocity Rewards Seat fare rules for more information. Some flights may be operated by a partner airline. Different baggage allowances and conditions may apply to these flights. Full terms and conditions at .

Virgin Income Protection Insurance is available to Australian residents between 18-60 years of age. Applications subject to acceptance. On the spot cover is available with our Quick & Easy option and Tailored options. Exclusions apply including pre-existing medical conditions, suicide, and dangerous activities. See the PDS for full details.

The Old Loan must be discharged between (inclusive)

The Lender’s standard credit assessment criteria apply. Fees and charges may be payable. 304,000 Velocity Points over 6 years assumes you qualify for the Virgin Money limited time Double Settlement Points offer, your borrowings split across two loan accounts for the 6 year period, minimum aggregate net balance of at least $50,000 and earn rate remains the same for the period shown.

Leave a Reply